Quid Pro Quo El Salvador Gets 14 Billion Imf Credit.jpg

Quid Pro Quo: El Salvador Gets $1.4 Billion IMF Credit By Restoring Bitcoin Operations



Quid Pro Quo: El Salvador Scores $1.4 Billion IMF Credit Backing Bitcoin ActivityThe International Monetary Fund (IMF) reached an agreement with the government of El Salvador to provide a $1.4 billion credit facility to finance the country's reform agenda. In exchange, El Salvador agreed to reduce the economic involvement of bitcoin in order to reduce the risks that arise from its implementation. El Salvador to receive $1.4 billion credit from the IMF, (…)



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